Economy

DTI secures price freeze on 204 basic goods until yearend

The Department of Trade and Industry (DTI) has secured commitments from manufacturers to keep prices of 204 basic necessities and prime commodities unchanged through Dec. 31, 2026, as elevated fuel costs continue to threaten household budgets.

Rising debt, slower growth weigh on Philippine risk outlook

The Philippines’ business and investment outlook is deteriorating as rising public debt, slowing economic growth and weakening foreign investment inflows intensify fiscal and economic pressures, according to a new assessment by WR Advisory Group.

PEZA investment approvals top P309B, nears 14-year record

The Philippine Economic Zone Authority (PEZA) has surpassed its P300-billion investment target for 2026 and is nearing its highest annual investment approvals in 14 years, with two months left in the year.

BSP delivers 50-basis-point rate hike to 5.50% to tame stubborn inflation

The Bangko Sentral ng Pilipinas elevated its benchmark interest rate by 50 basis points to 5.50 percent during its October 2026 monetary policy meeting, stepping up its fight against persistent price pressures.

BIR clears tax compliance hurdle for nationwide e-notarization rollout

The Bureau of Internal Revenue (BIR) has established a mechanism for electronic notaries public to comply with documentary stamp tax (DST) requirements, addressing a key regulatory hurdle in the nationwide rollout of electronic notarization for property and corporate transactions.

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